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doubling

How IKEA is doubling down on price cuts to attract cost-conscious customers

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Ikea shoppers will see price cuts of up to 50% at many of the company’s restaurants globally, as the Swedish retail giant aims to attract cost-conscious consumers. The steep price cuts will be a temporary measure to help consumers “stretch their budgets” at a time of heightened economic uncertainty and high cost-of-living pressure, the company … Read more

Deutsche Bank’s CEO is doubling down on defense investment

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Deutsche Bank is doubling down on defense investment as a broader European drive to rearm unlocks fresh capital in the region. Speaking to CNBC’s Annette Weisbach at the Tag der Industrie conference in Berlin on Monday, Deutsche Bank CEO Christian Sewing said that the German lender has increased its exposure to the defense industry to … Read more

Pacifist Japan seems to be doubling down on arms exports

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Anton Petrus | Moment | Getty Images Japan, renowned for its pacifist constitution, is now setting its sights on the global arms exports market. Defense Minister Gen Nakatani earlier this month told Nikkei that he wanted to promote Japan’s defense exports, signaling a clear shift in the country’s arms policy, which has so far been … Read more

Mega Millions is doubling the price of its lottery tickets but making it easier to win with jackpots exceeding $800 million

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